Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Denver news in your inbox
Catch up on the most important stories affecting your hometown with Axios Denver
Des Moines news in your inbox
Catch up on the most important stories affecting your hometown with Axios Des Moines
Minneapolis-St. Paul news in your inbox
Catch up on the most important stories affecting your hometown with Axios Twin Cities
Tampa Bay news in your inbox
Catch up on the most important stories affecting your hometown with Axios Tampa Bay
Charlotte news in your inbox
Catch up on the most important stories affecting your hometown with Axios Charlotte
Photo: Alex Wong/Getty Images
President Trump's name will be added to printed coronavirus stimulus checks that are set to begin rolling out next month, per the Washington Post.
Why it matters: It will be the first time an IRS disbursement features a presidential signature. But the president does not hold authorization to sign disbursements by the U.S. Treasury, so Trump's name will be placed in the memo line instead.
- The actual signature will be by an official from the Bureau of the Fiscal Service — the division of the Treasury Department that prints the checks.
- The Treasury Department denies concerns that adding the signature could delay disbursements.
The big picture: Paper checks for coronavirus stimulus payments will be distributed to Americans without direct deposit accounts set up with the IRS.
- The checks won't start being mailed until the week of May 4, and they'll go out at a rate of 5 million checks per week. That means the latest checks will reach recipients by in August.
Go deeper: 80 million Americans to get stimulus payments this week, Treasury says